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Kurt Wagner / Bloomberg:
Facebook buys CTRL-Labs, which makes a bracelet that measures neuron activity to detect movements the user is thinking about; sources: size of deal is $500M-$1B   —  - CTRL-Labs is said to fetch $500 million to $1 billion  — Facebook may one day pair the technology with AR or VR glasses
Sep 23, 2019, 7:47 PMIn context
Donie O'Sullivan / CNN:
After founding the Global Internet Forum to Counter Terrorism in 2017, Facebook, Microsoft, Twitter, and YouTube say it will become an independent organization   —  New York (CNN Business)Some of Silicon Valley's biggest companies announced Monday that they're revamping an organization …
Sep 23, 2019, 5:30 PMIn context
Popular Information:
Facebook page with 1.1M followers called “I Love America” is one of many Ukrainian-run pages now pushing pro-Trump propaganda and recycling 2016-era IRA memes   —  The “I Love America” Facebook page boasts 1.1 million fans, with viral content that reaches more Facebook users …
Sep 23, 2019, 1:30 PMIn context
Wall Street Journal:
Sources: Facebook's competitors are talking to FTC about the company's hardball tactics, some of which Snap compiled in a dossier called Project Voldemort   —  Antitrust investigation gives competitors chance to air complaints about Facebook's hardball tactics
Sep 23, 2019, 9:30 AMIn context
Queenie Wong / CNET:
Facebook will sunset its group stories feature, available globally since December of last year, on September 26   —  Facebook is killing a feature that allows administrators and members who're part of the social network's groups to post videos and photos that vanish within 24 hours, the company said on Friday.
Sep 22, 2019, 8:35 PMIn context
Reuters:
Der Spiegel: US dollar could make up 50% of the basket of currencies backing Libra, followed by 18% of euro, 14% yen, 11% British pound, and 7% Singapore dollar   —  BERLIN (Reuters) - The U.S. dollar will make up 50% of the basket of currencies backing Facebook's planned digital coin Libra …
Sep 22, 2019, 3:10 PMIn context
Ingrid Lunden / TechCrunch:
Facebook acquires Servicefriend, a startup that builds customer service AI chatbots for messaging apps; founders now work for Facebook's Calibra, per LinkedIn   —  As Facebook prepares to launch its new cryptocurrency Libra in 2020, it's putting the pieces in place to help it run.
Sep 22, 2019, 12:00 AMIn context
Emily Stewart / Vox:
Polling of US adults shows that most, across party lines, support breaking up Big Tech, such as reversing Facebook's Instagram purchase, to improve competition   —  One hundred cardboard cutouts of Facebook founder and CEO Mark Zuckerberg stand outside the US Capitol in Washington, DC …
Sep 21, 2019, 2:25 PMIn context
Joanna Stern / Wall Street Journal:
A look at Sign in with Apple, which is available for users with iOS 13 for a small number of apps including Nike, Instacart, Bird, and Kayak at launch   —  Apple wants its new password killer to cut your dependency on Facebook and Google—if you can find it in the apps you use most
Sep 21, 2019, 6:05 AMIn context
New York Times:
Facebook says it has removed tens of thousands of apps from about 400 developers to date, as part of its investigation following the Cambridge Analytica scandal   —  SAN FRANCISCO — Facebook indicated on Friday that the scale of its data privacy issues was far larger than it had previously acknowledged …
Sep 20, 2019, 2:15 PMIn context

Sponsor Posts

Smartsheet:
Are your technology investments slowing your business down?  —  As technology spend rises across industries, productivity remains flat.  Are your technology investments helping or hurting your productivity?  Read the report.
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